Monthly Archives: May 2019

Risk vs. Reward: Is Your Investment Worth It?

Improve Your Financial Health , Make Money

risk vs. reward

The word “risk” comes up a lot when you’re learning about investments. With money being put into something which may not work out, there is a chance that you will lose the investment you’ve made, and this is the case with pretty much any money-making scheme on the planet. Of course, though, some things are far riskier than others. Balancing this is a challenge when you’re first getting started in the world of finance, but this post is here to help you out, and will be exploring the differences between high and low risk investments.

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These Jobs Will Give You Money AND Freedom

Improve Your Financial Health , Make Money , National Financial Awareness Day

money and freedom

We all know the deal: you go to work, “do your time” and then get the rewards, maybe when you’re fifty or sixty years old. For most of your life, you’re chained to the desk, working for the man, forty or fifty hours a week. Only once you’ve suffered can you get the things that you want out of life. It’s a dismal trade.

This has got a lot of people thinking: can I have my cake and eat it? Can I find a job that pays well but that also affords me the freedom that I want?

In the past, getting a job like that was tough. But today, there are all kinds of tasks that you can do that will bring you both money and freedom in the here and now, not in thirty years. Let’s take a look.

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5 Unconventional Ways To Make Some Extra Money

Improve Your Financial Health , Make Money , National Financial Awareness Day

Some people simply don’t do well in a traditional 9 to 5 office job, and some just want to find new ways to draw in more money each month.  Whatever your intention, there are plenty of unconventional ways to make an extra buck.

If your mind is granting you little to no imagination at this time, you’re in luck.  Here is a quick look at some of the coolest, most unconventional ways to make some extra money.  Boost your income by doing something enjoyable for a change.

Gather and charge those pesky scooters

If you live in a big city, then you’re likely very familiar with all of the many different scooter companies that popped up seemingly overnight.  Rental scooters are all over the place in nearly every large city in America, and they’re electric.

Someone has to recharge the scoots each day, so the host companies can continue making money.  Some people even make a living out of gathering and charging scooters, but you don’t have to work full-time to make some extra cash.  

Busking can be a lucrative gig

If you’re a musician, there’s always a way to make money with your craft.  Take your talent to the streets of a bustling city, and become a busker. Even if you only have time to busk on the weekends, you can make a considerable chunk of change by simply doing what you love.  

Get to work on perfecting a handful of songs, and go try your hand at busking.  Stars like Ed Sheeran, Sheryl Crow, and Tracy Chapman all started out busking on the streets.  

Become a professional mermaid

If you’re over the age of 18 and you can swim 400 yards in under 15 minutes, then you can try out for the job of being a mermaid at Weeki Wachee Springs in Florida.  It isn’t the easiest way to make some extra fundage, but it just may be the coolest.  

Deliver people’s stuff through Postmates

Postmates gives regular folks like you the chance to make a regular income by delivering products to others.  Unlike most of the other apps that pay you to complete a simple service, Postmates lets you take home 100 percent of your earnings.  

You can work for Postmates with your car, a bike, or even on foot.  Go check out the Postmates website, and dig deeper into what they offer individuals who choose to do the footwork.  

Spend time interacting with easy money offers

It’s not the most invigorating experience, but you can make a little extra cash each month doing the monotonous jobs.  Taking surveys, watching videos, and testing out mobile apps will help you bring in a couple hundred dollars a month.

3 Of The Best Summer Jobs For Your Teen To Learn Responsibility And Earn Money

Improve Your Financial Health , Make Money , National Financial Awareness Day

When your kids are young, you’re generally completely responsible for taking care of them physically, emotionally, and financially. But as your kids grow into teenagers, it can be very beneficial for them to learn how to earn their own money and begin to develop both financial and personality responsibility through having a job. During the school year, many teens don’t have the time to work. But once summer rolls around, it’s the perfect time for your teen to move outside of their comfort zone and start joining the workforce. To help them get started on the right foot, here are three of the best summer jobs for your teen to learn responsibility and earn money.

Become A Camp Counselor

While your younger kids are spending their summer break at summer camp, your teen could be working as one of their camp counselors. According to Janet Fowler, a contributor to Investopedia.com, being a camp counselor can help your teen learn about living on their own, as counselors often stay at the camp for the majority of the summer. While there will be adult supervision there, being a camp counselor will allow your teen to feel like they’re living on their own, generally requiring them to do their own laundry, manage their own time, and earn their own money. The skills your teen will learn from this experience will help them not only during the rest of their teenage years, but throughout the rest of their lives as well.

Serve As An Educational Tutor

Although some kids spend their summer break forgetting about school, there are plenty of kids out there who are looking to either catch up from their previous year of schooling or get ahead for the upcoming year. In either of these situations, the parents will often look for a tutor to work with the child. According to Chelsea Brennan, a contributor to Forbes.com, high school-aged tutors can charge anywhere from $20 to $40 per hour, which could be very worthwhile for your teen. Not only will they be making fairly good money, but they’ll also be keeping their minds sharp through their tutoring skills.

Start Their Own Small Business

For some kids, the entrepreneurial bug can bite very early on. Luckily, it’s pretty easy for a teen to start their own business. According to David Quilty, a contributor to Money Crashers, teens can start their own small businesses through endeavors like babysitting, cleaning, lawn care, working as a handyperson, walking dogs, and more. Just so long as your teen has a product or service that others are willing to pay for, and all the legalities are taken care of, your teen could make money and learn a lot from starting their own small summer business.

If you have a teen who’s ready to start working this summer, consider some of the options mentioned above for a great summer job.